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4517 40 Avenue S
Southgate Lethbridge T1K 8G2

$850,000
Residential beds: 5 baths: 3.0 2,186 sq. ft. built: 2025

Main Photo: For Sale: 4517 40 Avenue S, Lethbridge, T1K 8G2 - A2284191
Photo 1: For Sale: 4517 40 Avenue S, Lethbridge, T1K 8G2 - A2284191
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Photo 49: For Sale: 4517 40 Avenue S, Lethbridge, T1K 8G2 - A2284191
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2284191
Bedrooms:
5
Bathrooms:
3
Year Built:
2025
Discover exceptional living in this brand-new, fully finished five-bedroom, three-bathroom executive residence in the sought-after community of Southgate built by the amazing Grizzly Ridge. Offering a rare TRIPLE CAR ATTACHED GARAGE this home provides unparalleled space for vehicles, recreation, hobbies, or the ultimate private retreat—whether a workshop, collector’s showcase, or future golf simulator lounge. The main level spans an impressive 1,398 sq. ft., thoughtfully designed for both refined entertaining and comfortable daily living. A soaring vaulted ceiling, expansive windows, and a gorgeous gas fireplace with custom built-in shelving create a bright yet inviting great room atmosphere. The spacious eat-in kitchen and dining area seamlessly connect to the future rear deck, ideal for effortless indoor-outdoor gatherings. There is also a versatile flex room offers the perfect setting for a private office, library, or playroom, while two generous bedrooms and a beautifully appointed four-piece bath complete the level. Privately positioned on the upper floor, the primary suite is a true retreat boasting an impressive 717.37 sq. ft., featuring a spa-inspired ensuite with tiled glass shower, freestanding soaker tub, double vanity, and walk-in closet, all elevated by elegant tray-ceiling detailing and designer lighting. The fully developed lower level (1213.78 sq. ft.) extends the home’s lifestyle appeal with a spacious recreation area, wet bar, and a second fireplace with custom built-ins—perfect for entertaining or relaxed family evenings. Two additional bedrooms and a luxurious five-piece bathroom provide ideal accommodation for guests, teens, or multigenerational living. With no additional new construction for Grizzly Ridge anticipated until later this year, this move-in-ready home represents a limited and highly desirable opportunity to secure brand-new luxury in one of the area’s most coveted neighborhoods.
Property Type:
Residential
Property Sub Type:
Detached
Condo Type:
Not a Condo
Transaction Type:
For Sale
Possession:
Possession Date:
Suite:
No
Num Legal Suites:
0
Num Illegal Suites:
0
Home Style:
2 Storey
Total Living Area:
2,186.32 sq. ft.
Main Level Finished Area:
1,398.41 sq. ft.
Upper Level Finished Area:
787.92 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Below Grade Finished Area:
1,298.49 sq. ft.
Taxes:
Tax Assessed Value:
HOA Fee Includes:
Acreage:
No
Lot Area:
6,069 sq. ft.
Lot Frontage:
50'
Acres Cleared:
Acres Cultivated:
Acres Irrigated:
Acres Leasehold:
Acres Not Cultivated:
Acres Freehold:
Acres Seeded:
Acres Tame Hay:
Acres Treed:
Acres Waste:
Acres Water Rights:
Front Exposure:
South
Reg. Size:
Reg. Size Includes:
Unit Exposure:
South
Levels:
Two
Total Rooms Above Grade:
8
Year built:
2025 (Age: 1)
Bedrooms:
5 (Above Grd: 3)
Bedrooms Above Grade:
3
Bedrooms Below Grade:
2
Bathrooms:
3.0 (Full:3, Half:0)
Plan:
1710554
Heating:
Forced Air, Natural Gas
Basement:
Full, Finished, None
Foundation:
Poured Concrete
Builder:
Grizzly Ridge Developments Inc.
New Constr.:
Yes
Construction Material:
Composite Siding, Mixed, Stone
Structure Type:
House
Roof:
Asphalt Shingle
Ensuite:
No
Flooring:
Carpet, Tile, Vinyl
Cooling:
Central Air
Fireplaces:
2
Fireplace Details:
Basement, Family Room, Gas, Mantle
Garage:
Yes
Garage Spaces:
3
Parking:
Concrete Driveway, Double Garage Attached, Garage Door Opener, Garage Faces Front, Off Street, Parking Pad, Single Garage Attached
Parking Places:
6
Parking Total/Covered:
6 / -
Laundry Features:
Laundry Room, Upper Level
Southgate
Built-In Oven, Central Air Conditioner, Dishwasher, Microwave Hood Fan, Refrigerator, Stove(s)
Fridge, stove, dishwasher, OTR microwave, BI oven, garage door opener & remote, A/C
None Known
Floor
Type
Size
Other
Main Floor
Foyer
14'2" × 6'7"
Main Floor
Family Room
20'7" × 12'
Main Floor
Eat in Kitchen
15'2" × 14'1"
Main Floor
Dining Room
141'1" × 11'7"
Main Floor
Den
10'6" × 10'2"
Main Floor
Bedroom
12'9" × 10'2"
Main Floor
Bedroom
12'9" × 10'6"
Upper Level
Bedroom - Primary
19'6" × 16'
Upper Level
Laundry
6'7" × 6'4"
Basement
Game Room
25'10" × 22'10"
Basement
Kitchenette
11'3" × 4'1"
Basement
Bedroom
14'7" × 10'
Basement
Bedroom
14'6" × 9'5"
Basement
Furnace/Utility Room
10'11" × 9'2"
Floor
Ensuite
Pieces
Other
Main Floor
No
4
0' x 0'
Upper Level
No
5
0' x 0'
Basement
No
4
0' x 0'
Title to Land:
Fee Simple
Community Features:
Park, Playground, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights, Walking/Bike Paths
Interior Features:
Bar, Bookcases, Built-in Features, Closet Organizers, High Ceilings, Kitchen Island, Open Floorplan, Pantry, Recessed Lighting, Separate Entrance, Soaking Tub, Stone Counters, Storage, Sump Pump(s), Tray Ceiling(s), Vaulted Ceiling(s), Walk-In Closet(s)
Exterior Features:
Private Entrance, Private Yard
Patio And Porch Features:
Deck
Lot Features:
Front Yard, No Neighbours Behind, Rectangular Lot
Num. of Parcels:
0
Outbuildings:
None
Fencing:
None
Region:
Lethbridge
Zoning:
R-L
Listed Date:
Feb 05, 2026
Days on Mkt:
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Listed by Century 21 Foothills South Real Estate
Data was last updated February 6, 2026 at 10:05 AM (UTC)
Area Statistics
Listings on market:
11
Avg list price:
$788,000
Min list price:
$440,000
Max list price:
$1,083,000
Avg days on market:
32
Min days on market:
1
Max days on market:
178
Avg price per sq.ft.:
$386.62
These statistics are generated based on the current listing's property type and located in Southgate. Average values are derived using median calculations. This data is not produced by the MLS® system.
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.